CTHRepealedLegislation
AASB 108 - Accounting Policies, Changes in Accounting Estimates and Errors - July 2004
//
© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the Federal Register of Legislation for authoritative text.
AASB 108 - Accounting Policies, Changes in Accounting Estimates and Errors - July 2004
Start here
Turn the raw legal text into a practical explanation grounded in AASB 108 - Accounting Policies, Changes in Accounting Estimates and Errors - July 2004.
1 The objective of this Standard is to prescribe the criteria for selecting and changing accounting policies, together with the accounting treatment and disclosure of changes in accounting policies, changes in accounting estimates and corrections of errors. The Standard is intended to enhance the relevance and reliability of an entity’s financial statements, and the comparability of those financial statements over time and with the financial statements of other entities.
2 Disclosure requirements for accounting policies, except those for changes in accounting policies, are set out in AASB 101 Presentation of Financial Statements.